Your Friday Market Update - 6/10/22

The following was taken from Roni's Live Market Update on Facebook on 6/10/22


Hello friends, happy Friday, Ronnie Haskell here, your Keller Williams agent out of the Charleston Summerville area. So once again, we're faced with a beautiful Friday and I'm on the go coffee in hand, gets me through my days. I'm an early riser and this is maybe my second, possibly my third cup for the day. But I'm here committed every Friday to bring to you news on the real estate market. That's what I get to live and breathe every week. And so, number one question I always get is how is the market? Well, it's fun to be able to bring you some information about that, to give you some insight, because as I say, oftentimes, it's, if you own real estate, then you need to be in tune with what's happening on the market. So as an expert in this field, I feel like it's my obligation and my duty to be able to respectfully answer that question for you.

                        So welcome yet again to a Friday live. Let's talk about, can I expect to get multiple offers on my property if I list today? Well, it's kind of strategy question. So when I go to a listing appointment, I talk about what a good strategy is going to be for a listing price. And you, as the seller, get to make that determination of what you want to list your price for, or list the property for. So if you're on a really high end and you overshoot the market, then you're probably not going to get multiple offers on it. However, if we strategize and as I will educate you on, if I was to sit down with you in which I get to do this, oftentimes with my seller clients. But what we look at is the comps, which is telling us what the past sales have been in the area, which is really what an appraiser's going to do.

                        We can go back as far as six months, I don't suggest going any further back, than about three or four months with that kind of sales transactions. But we look at comps, we look at forecasting, what is on the market today and discussing about what market values are for the future. What availability is for buyers in your price point in your area. And then we evaluate what a good list price is going to be. And if we aim right at the top price for your market, then can we expect multiple offers? Perhaps we can, are we probably going to see 10 offers on the house? If it's a really great house maybe, but whereas three or four months ago, the likelihood of getting five to 10 offers on every single listing was pretty high. We're not seeing that right now. On average, we're getting about two to three, maybe five offers on a property.

                        What you can expect is to still see it at list price, or maybe a little above list price. Again, it's all about strategy. I like to put a house on the market and let it run on the market for two or three days, and call for highest and best. What that allows for the seller to do is for buyers to come in, look at your house, make a determination what they value your property to be. And oftentimes that does funnel up what the market price ends up ending at. So it's all about strategy. There are about 1800 active listings on our market right now, which is higher. Last week I was excited when I got the report that we were up to 1600 active listings on the market, because in months past we've been floating around a thousand. So to last week, be at 1600 active listings, and then this week to hit 1800 listings is phenomenal.

                        I, as an agent, like to see that, because I want to see that buyers are able to have the opportunity to pick from multiple properties. Not one house, that's the market, and there's one winner and potentially 15 losers on a property. So I like that there are some options for buyers now to be able to tap in, and potentially have a chance of winning. So in our MLS, there were 360 sales. Only two of those are foreclosures or short sales guys, so if you're waiting for the market to shift downward, you're out a luck, because that's not forecasted to happen anywhere to any degree. So when you hear on the news, if you start hearing people say that we're going to be in a shifting market, well, it's going to shift a little bit. Maybe because interest rates are still steadily climbing, we're at least 2%. If not more than where we were at the beginning of the year, which affects people's affordability.

                        We are in the summer months, which people are planning for their summer moves, which is always great. And so we're seeing a lot of activity right now, but the market's not going downward. The demand is still high. And as a listing specialist, I can tell you, we are still selling properties on average in our MLS within three to five days. That's going to line you up for great success. So don't you worry. We are still going to get you top dollar, and that's what I'm here to tell you. And strategy plays a big part into it. Marketing the property, plays a big part into it, but don't you hold out waiting for the market to shift downward because that's not going to happen. We're going to see a shift in affordability. We're going to see a shift in what people can finance. And so instead of being $500,000, they may be only a $450,000 buyer, and we're not going to see 20% increase in values over the next couple of months. That's just not going to happen.

                        That's what we saw in the past couple of years, we're going to see on average between eight and 12% increase coming up. And this year that's, what's projected. That's what we're on course for to happen, but that's still excellent gain in property values guys. So that's what I'm here to report to you. Is the market still doing great, it's still healthy. We're still selling properties. So if you're looking to buy in this market, chances are, you can find a house because there is more availability right now than there has been in the last couple of years. So jump in the game if you're looking, and let us know what we can do to help over here at that the Dusty Real Estate Chicks team, I've got several agents with their feet on the ground right now, showing property. One hit the market, in fact, if you're looking, let me share this with you real quick.

                        There's a house in downtown Somerville that just hit the market this morning. I've texted several of you folks that are in my PI slide, but it's in downtown Summerville. The main house has almost 3000 square feet. It is four bedrooms in the main house. This is in the historical section of downtown. There are two cottages, both about 300 square feet each, that you can possibly rent or have as guest cottages. Really nice house, just under 900,000 list price. And I can't wait. I'm going to go show it this afternoon. I don't know who all I'm going to be showing it to, but you can guarantee that I'm going to be there this afternoon, showing it to somebody. I'm waiting, got a couple of people already in my pipeline that want to go see it. So I can't wait.

                        So if you're interested in being in downtown Summerville in it was about 3,100 square feet total. It is six bedrooms total. Then let me know. I'll be glad to add you to my list and show you that property. It's a gorgeous salt water pool out back. You got a nice private lot. So let me know if you're interested or if you know somebody that is interested. I get excited about properties that pop up around downtown Somerville, but reach out to me anytime. I'd be glad to help. Be glad to talk to you. Happy to chat with you about how you can get financing on your next home, and how to make that transition happen.


That SC Real Estate Chick's Blog

Fountain in a park setting, framed by green hedges and palm trees, set against a watercolor sunset.
By Roni Haskell February 24, 2026
Hi friends! February buying activity continues to show steady momentum across the region. Contract volume is healthy and buyer demand remains present, even if the pace has not fully shifted into the spring surge yet. This past week delivered strong pricing signals, which is always an encouraging indicator for sellers watching the market closely. A total of 280 residential properties moved under contract. Single family attached activity accounted for 57 of those, including 6 sales above 1 million. The detached segment remained the primary driver with 215 homes going under contract. Median list price held firm at $565,000 with median price per square foot at $274. High end demand was clearly visible with 46 homes above 1 million. 
Park with a fountain, flower beds, sculptures, and lampposts under a blue sky.
By David Caraviello Special to The Post and Courier February 24, 2026
Its roots trace back to the early 1700s, when it emerged as a settlement of stores and taverns at the crossroads of the Cherokee Path and the road between Charleston and Santee. Today Moncks Corner offers a slice of vintage Lowcountry, complete with grand oaks and an expansive waterfront, imbued with a small-town atmosphere where shopkeepers regularly know their customers by name. Indeed, Moncks Corner can often seem like a throwback to what all of greater Charleston once felt like decades ago —all of it alongside Lake Moultrie, the 60,000-acre reservoir that’s a haven for boaters and anglers. It’s a place where the pace of life is a little slower, where outdoor activities are always close at hand, and where the vibe and the setting combine to create an irresistible allure for many homebuyers in the Lowcountry. “Moncks Corner is a slower-paced community with fewer people, less traffic, and less density of stores than most suburbs of Charleston,” said Roni Haskell, broker associate and agent at Roni and Co., a Keller Williams Realty affiliate. “It offers a small town feel with Southern barbecue hot spots and seasonal farmers market. The downtown redevelopment project that was approved in the fall of 2025 brings promise of revitalization that will give residents a fresh feel to town, but also attract new residents.” Morgan Brinson Fann, co-owner and broker-in-charge at Carolina Life Real Estate and Auctions in Moncks Corner, was born in the Berkeley County town and except for one year, has lived there her entire life. “A lot of people have stayed,” she said. “I like going to the store and running into people that I grew up with. It still has that hometown feel to it.” Kristen Conley, broker and lead at the Conley and Co. Team of Modern + Main Realty, can relate. She lives on the lake in nearby Bonneau Beach, in the home her grandparents once lived in, and has worked in Moncks Corner nearly her entire career. “I like that it’s small, and when you into the bank or a restaurant, people know who you are,” she said. “It’s quiet here. You have that slower pace of life. I can come home and feel like I can relax.” Others would agree. The 2024 U.S. Census found that Moncks Corner was the third fastest-growing city or town in South Carolina, seeing a 10.2 percent increase in population from the previous year. The town has become a hub of new home construction, with new home communities dotting both sides of U.S. Highway 52. More than 52 percent of all homes sold in the Moncks Corner/Goose Creek area in 2025 were new construction, according to the Charleston Trident Association of Realtors. In many minds, a Moncks Corner home is envisioned as a residence in an established neighborhood like Fairlawn Barony or Berkeley Country Club, situated on a large lot replete with oaks and azaleas. But more and more often, it’s becoming a newer build in a community like Abbey Walk by Dream Finders Homes, Lakeview at Kitfield by D.R. Horton, or Cypress Preserve by Lennar. “New construction is really what’s selling the most,” Conley said. “It’s not because older homes aren’t selling — we just don’t have the same type of inventory for those. If we had more inventory in those established neighborhoods, that would 100 percent be a draw. But in new neighborhoods, there are just so many more options.” Prices from the $200,000s No question, Moncks Corner has a luxury market — there are several million-dollar listings for new builds in Wassamassaw Plantation, a five-bedroom home on 5.78 acres at 369 Edisto Drive recently hit the market with a list price of $1.35 million, and a 5,100-square-foot home on the lakefront in nearby Pinopolis sold late last year for $1.375 million. But to many prospective home buyers, Moncks Corner brings something else to mind: affordability. The average sales price in Moncks Corner since the first of the year is $360,000, Haskell said, making it “a more affordable area for buyers.” The median sales price for the Moncks Corner/Goose Creek area in 2025 was $387,662 —up 1.3 percent from the previous year, according to CTAR, but still well below the Charleston area median of $426,947. So far in 2026, Haskell added, Moncks Corner sales have averaged $177 per square foot. “There’s definitely availability for first-time homebuyers,” said Fann, who estimated that first-time buyers are 40 percent of her business. “For the longest time, Moncks Corner did not have any townhomes, and now they’re going up everywhere. While anything under $300,000 is going to be hard to come by, it is affordable for a lot of people.” The abundance of new construction has certainly played a role in that. Of the 148 homes under contract in Moncks Corner as of Feb. 16, Haskell said, 81 of them were new builds or proposed new builds. Available new detached single-family listings began at $369,900 at The Groves of Berkeley by Beazer Home, at $399,410 in Cypress Preserve, at $403,9455 in Lakeview at Kitfield. New townhomes started at $246,490 at Halstead by Starlight and at $259,900 in Abbey Walk, with many more on the way. “You can find a very nicely appointed townhome in Abbey Walk built by Dream Finders Homes for under $300,000,” Haskell said. "They have a natural gas range, 42-inch upper kitchen cabinets, quartz countertops, a tile backsplash, stainless appliances, a tankless water heater and luxury plank vinyl floors. They live well, look good, and are affordable. For first-time home buyers who have high style, this is a perfect fit.” The existing home market can be tighter, because Moncks Corner tends to be the kind of place where people hang on to homes in established neighborhoods for a very long time. A recent search turned up just three active listings in Pimlico, an established neighborhood that borders the Cooper River. There were just three in Fairlawn Barony, only one in Berkeley Country Club. Listings were similarly limited in communities such as Stony Landing and Sterling Oaks. Those neighborhoods tend to appeal to “move-up” buyers, Conley said — people who have already bought their first home in Moncks Corner, and are willing to be patient to find the bigger purchase that comes next. “Those more than likely are people who have been in Moncks Corner for a little while, who have bought in one of those newer neighborhoods,” she added, “and have been waiting for the perfect house to come up.” Slice of the lake life Lake Moultrie is among the natural jewels of Moncks Corner, with a southern shoreline that extends from the Hatchery Wildlife Management Area, around the peninsula of Pinopolis, past Overton Park and up to Bonneau Beach. Owned and managed by Santee Cooper, the lake plunges 75 feet at its deepest point, and according to the S.C. Department of Natural Resources offers many anglers the opportunity to catch the largest freshwater fish they will ever encounter. “Living by the water is a strong draw,” Haskell said. “I have had many clients over the last five years move out of Summerville and seek lake living on Lake Moultrie. It is still close to work and essential life needs for them, but they feel it is a retreat when they go home to living on the lake. The peace that brings them during the week and also the enjoyment on the weekends is what they are seeking.” Finding that slice of idyllic Moncks Corner lakefront, though, can be easier said than done. Conley lives on the lake in Bonneau Beach, and when she looks out from her backyard she sees not an overdeveloped lakeshore crammed cheek-to-jowl with houses, but largely water and trees. “The lake in general is still a draw, especially for people who come in from outside the area and are looking to retire here,” she said. “But it’s not like it’s developed all the way around, so if someone is looking specifically for that, it’s probably going to take a little bit of time. You've got a couple of areas in Moncks Corner, Pinopolis, and Bonneau Beach. After that, you’re pretty much going to have to go over to Cross to find anything, and there are only a couple of neighborhoods over there directly on the lake.” A recent search turned up only a few waterfront listings on Lake Moultrie in the Moncks Corner area, all of them in Bonneau Beach — including offerings of $1.995 million and $2.995 million, both of them active contingent and next to one another on Butter Road. Listings on the Cooper River include a $1.45 million home in Pimlico, and a $699,800 active contingent listing in Berkeley Country Club. “It’s definitely slim,” Fann said of waterfront options. “Last year I sold one of the highest-priced listings on Lake Moultrie, in Bonneau for about $1.2 million, and it wasn’t even on deep water. Someone local bought it — they had a house in Foxbank and wanted to move to the lake, so that’s what they did. But it is slim.” It all further accentuates what’s become the general rule of thumb when it comes to real estate in Moncks Corner: new construction is relatively easy for buyers to find, but homes in established neighborhoods and on the lakefront are at a premium. “You’re talking about areas where people don’t move every couple of years,” Conley said. “Once you move into these older, established areas, you’re setting down roots for a while.” Maintaining a unique identity Clearly, more and more people have become eager to do just that in the place that calls itself “the Lowcountry’s Hometown.” Between April 1, 2020, and July 1, 2024, the population of Moncks Corner grew 37.9 percent, according to the U.S. Census — from 13,313, to 18,359 over that span. For locals, the population growth and the development that’s accompanied it are evident. “Every time I go from Moncks Corner and drive down Highway 52 or even Highway 17, there’s something new going on,” Fann said. “There’s only so much land, and there are only two main highways to get to and from Moncks Corner.” And yet, the town’s slower pace of life and relaxed nature continue to endure. Moncks Corner is “the embodiment of the Lowcountry way of life,” according to its official government website. Hard to argue with that, given the number of people moving there. The fact that it offers an abundance of new, affordable real estate only sweetens the deal. “Partly the secret is out, but also there are more opportunities in Moncks Corner now with the growth and development,” Haskell said. “A few years ago, I helped a builder secure many lots in Wassamassaw Plantation that they subsequently turned around and built new custom spec homes on. They are beautifully crafted, giving more options to our luxury buyers. So no matter the price point, there are just simply more offerings today than in years past. The land is more affordable, and the municipality makes it easier for the developers to develop and builders to build than some sistering communities in the Charleston area.” Yes, there can be more traffic getting back and forth to Berkeley High School than there used to be. Yes, it’s easy to look at all those master-planned communities in Summerville and wonder how much further northwest they’re going to creep. But even in the face of unprecedented growth, Moncks Corner has retained its unique identity — as the the scenic lakefront, the established neighborhoods, and the local shops downtown will attest. “I think for sure that is has,” Conley said. “If you're on Main Street, pretty much everything but the banks is locally owned and operated. Obviously, times change and things grow. And I know as things continue to come this way, there are other things that will start to creep in. But I don’t feel like you’re going to see a lot of commercialized things come into downtown Moncks Corner, because there’s no room for it in that area. I feel like it’s going to maintain that down-home feel.” Article from https://www.postandcourier.com/moving-to-moncks-corner-growing-town-combines-affordability-with-a-laid-back-lowcountry-feel/article_eff92a29-67fa-44c0-bc14-640b1c5afc95.html
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